Applying For Financial Aid
Applying For Financial Aid
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Email
admissions@mercy.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning January 1
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA, Code is 002772 Free
Profile of 2018-19 Financial Aid
Profile of 2018-19 Financial Aid
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Freshman
Financial Aid Applicants
861 (97.1%) of freshmen
Found to Have Financial Need
795 (92.3%) of applicants
Received Financial Aid
781 (98.2%) of applicants with financial need
Need Fully Met
32 (4.1%) of aid recipients%
Average Percent of Need Met
59%
Average Award
$17,029
Need-Based Gift
Received by 718 (91.9%) of aid recipients, average amount $13,034
Need-Based Self-Help
Received by 412 (52.8%) of aid recipients, average amount $3,223
Merit-Based Gift
Received by 650 (83.2%) of aid recipients
Merit-Based Gift
Received by 650 (83.2%) of aid recipients
59 (6.7%) of freshmen had no financial need and received merit aid, average amount $5,558
All Undergraduates
Financial Aid Applicants
4,668 (93.3%) of undergraduates
Found to Have Financial Need
4,375 (93.7%) of applicants
Received Financial Aid
4,230 (96.7%) of applicants with financial need
Need Fully Met
148 (3.5%) of aid recipients%
Average Percent of Need Met
53%
Average Award
$15,402
Need-Based Gift
Received by 3,900 (92.2%) of aid recipients, average amount $11,053
Need-Based Self-Help
Received by 2,991 (70.7%) of aid recipients, average amount $4,233
Merit-Based Gift
Received by 2,273 (53.7%) of aid recipients
200 (4.0%) of undergraduates had no financial need and received merit aid, average amount $5,053
All Undergraduates
2018 Graduates Who Took Out Loans
78%
Average Indebtedness of 2018 Graduates
$23,942
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Nursing Loans
State Loans
Available
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Academic scholarships
Special characteristics (minority
religious affiliation
other scholarships)
Non-Need Awards
Academic Interest/Achievement Award Areas
Business
Number of Awards
2,327
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Children of Faculty/Staff
Number of Awards
55
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2019-20 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.